The Archive · 1935

Liquidators Appointed for Closed Bank

'The China Industrial Bank on Nanking Road, which closed down some time ago, has been officially declared to. be in liquidation and Messrs. Li Ting, Zee Yung-cha,.and Tsien Lis shen' have been appointed the bank's liquidators by the Chinese judicial authorities. The bank has assets amounting to $682,468 and liabilities amounting to $1,196,342. Mr. 8. H. Loh, director. of the bank, who was ar vested by police after the bank's closing, was released recently to enble him to reach a compromise with his creditors.

Text read from the printed page and cleaned; old type leaves the occasional error.

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